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Grupo Modelo SAB de CV Issues Prospectus On Corporate Restructuring And Divestiture Of Certain Assets, Including Sale Of Total Stake In Crown Imports LLC To Constellation Brands Inc


Wednesday, 15 May 2013 07:15pm EDT 

Grupo Modelo SAB de CV announced that it has issued the Prospectus on its Corporate Restructuring, which consists of carrying out divestiture of certain assets of the Company, and in particular confirming the sale of the total stake which the Company holds, through GModelo Corporation Inc., in Crown Imports LLC to Constellation Brands Inc; the sale of the brewery of Piedras Negras, Coahuila, through the sale of 100% of Compania Cervecera de Coahuila S de RL de CV and Servicios Modelo de Coahuila S de RL de CV; other operations related with the sale of Crown and Piedras Negras. 

Company Quote

121.2
0.15 +0.12%
17 Sep 2014